Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Sold by Curbstone Financial Management Corp

Curbstone Financial Management Corp reduced its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 137,430 shares of the company’s stock after selling 3,628 shares during the period. Schwab US Broad Market ETF comprises approximately 1.7% of Curbstone Financial Management Corp’s holdings, making the stock its 13th largest holding. Curbstone Financial Management Corp’s holdings in Schwab US Broad Market ETF were worth $7,105,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Global Retirement Partners LLC boosted its stake in Schwab US Broad Market ETF by 17.1% in the first quarter. Global Retirement Partners LLC now owns 21,198 shares of the company’s stock valued at $1,006,000 after acquiring an additional 3,088 shares during the period. Stratos Wealth Partners LTD. acquired a new position in Schwab US Broad Market ETF during the 1st quarter valued at approximately $318,000. Aveo Capital Partners LLC grew its stake in Schwab US Broad Market ETF by 58.0% during the 1st quarter. Aveo Capital Partners LLC now owns 7,405 shares of the company’s stock worth $354,000 after buying an additional 2,718 shares during the last quarter. Blue Investment Partners LLC grew its stake in Schwab US Broad Market ETF by 15.9% during the 1st quarter. Blue Investment Partners LLC now owns 120,748 shares of the company’s stock worth $5,778,000 after buying an additional 16,568 shares during the last quarter. Finally, Heritage Wealth Management LLC increased its position in Schwab US Broad Market ETF by 100.0% in the fourth quarter. Heritage Wealth Management LLC now owns 708 shares of the company’s stock worth $32,000 after buying an additional 354 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB traded up $0.26 during midday trading on Thursday, hitting $52.28. 141,333 shares of the stock traded hands, compared to its average volume of 791,908. Schwab US Broad Market ETF has a 1-year low of $40.92 and a 1-year high of $53.71. The business’s 50 day moving average price is $52.22 and its two-hundred day moving average price is $49.71. The firm has a market capitalization of $23.29 billion, a PE ratio of 17.59 and a beta of 1.03.

About Schwab US Broad Market ETF

Schwab U.S. Broad Market ETF (the Fund) seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index (the Index). The Index is a float-adjusted market capitalization weighted index that reflects the shares of securities actually available to investors in the marketplace. The Fund’s index includes the 2,500 publicly traded United States companies for, which pricing information is available.